Both ENDS
A letter written by Both ENDS, co-signed by 350.org, Australia, Urgewald, Germany, Green Alternative, Georgia, and others, with comments to the AIIB's Energy Strategy Issues note. This strategy prioritizes large scale energy infrastructure, which fails to meet the energy needs of local communities.
The AIIB has the opportunity to champion financing green energy systems for future generations by leapfrogging the large energy infrastructure that rely on fossil fuels, plantations for biomass or dams.
2021 was a turbulent year for Dutch development bank FMO, to say the least. The bank has been under fire for many years for investments linked to human rights violations and suspected corruption. But in the past year, the Dutch press and media have reported on one new development after the other in ongoing cases involving FMO. Below we give a short summary of these cases and call on FMO to make the promised improvements in 2022.
and Stijn Deklerck of Amnesty International Nederland
On 12 and 13 July, the Asian Infrastructure and Investment Bank (AIIB) will be holding its annual meeting in Luxembourg. This is the fourth annual meeting of the AIIB which was set up on the initiative of China. As a shareholder, the Netherlands will be attending the meeting.
Good news for the climate: last week, the European Investment Bank (EIB) decided to stop investing in fossil fuels by 2021. This is part of its new energy strategy.
It's October, time for the annual meeting of the World Bank in Washington DC in which the annual results and future plans will be presented to the outside world. It also gives NGOs from all over the world an oppotunity to talk with World Bank’s administrators and relevant staff on future policies. Pieter Jansen of Both ENDS travelled to Washington together with three representatives of local organisations in the South: Yu Chen of Green Watershed from China, Mayra Tenjo of ILSA from Colombia and Ram Wangkheirakpam of NEPA from India. Their main purpose is to highlight the importance of social- and environmental requirements that the investments of the World Bank should meet, the so-called 'safeguards'.
